Square Enix (OTCMKTS:SQNXF) Announces Quarterly Earnings Results

Square Enix (OTCMKTS:SQNXF) released its earnings results on Wednesday. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.09, Zacks reports.

Square Enix Stock Performance

SQNXF stock traded up $1.25 during midday trading on Wednesday, reaching $20.76. The stock had a trading volume of 307 shares, compared to its average volume of 468. The stock has a market cap of $7.49 billion, a PE ratio of 27.68 and a beta of 0.49. The firm has a fifty day simple moving average of $18.57 and a two-hundred day simple moving average of $16.75. Square Enix has a 52-week low of $14.05 and a 52-week high of $21.30.

Analyst Ratings Changes

Separately, Sanford C. Bernstein upgraded shares of Square Enix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the company has a consensus rating of “Strong Buy”.

About Square Enix

Square Enix Holdings Co., Ltd. is a Japanese entertainment company best known for developing and publishing video games. Its titles include the Final Fantasy, Dragon Quest and Kingdom Hearts franchises, released across console, PC and mobile platforms. The company also operates amusement facilities and develops arcade games, publishes manga and other books, and sells character-related merchandise. Its publishing business includes English-language manga releases through Square Enix Manga & Books.